The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Electricity 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply 35 - Electricity, gas, steam and air conditioning supply
55 jobs Number of planned job losses
Announcement Date
5 May 2004
Employment effect (start)
Foreseen end date
Description
Kemijoki will start cooperation negotiations with the personnel in order to cut 55 jobs. The end of investment activity in hydroelectric power is said to be the reason for the cuts.
Sources
5 May 2004: Helsingin Sanomat
Citation
Eurofound (2004), Kemijoki, Internal restructuring in Finland, factsheet number 60325, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60325.